To assemble a lineup of 25 National and American League baseball players whose
cumulative statistics during the regular season, compiled and measured by the
methods described in these rules, exceed those of all other teams in the League.

ARTICLE II. TEAMS

There are 12 teams in a duly constituted Rotisserie League composed of National
and American League players.

ARTICLE III. MAJOR LEAGUE ROSTER

A teams’ 25-man major league roster consists of the following players:

Three outfielders, one catcher, one first baseman, one second baseman, one
shortstop, one third baseman, one utility hitter (consistent with the AL's
insistence on perpetuating that perversion of the game), and nine pitchers.

A team’s active roster shall consist of three outfielders, one catcher, one
first baseman, one second baseman, one shortstop, one third baseman, one utility
hitter, and nine pitchers. Performance stats of a player shall be assigned
to a Rotisserie League team only when he is on the active 18-man roster of
that team.

ARTICLE IV. AUCTION DRAFT DAY

A Major League Player Auction will be conducted the weekend before MLB Opening
Day (March 27 at 3:00pm Pacific Time). Each team must acquire 25 players at
a total cost not to exceed $260. A team need not spend the maximum. Order for
auction nomination will be determined by the date and time each player’s payment
to the league commissioner is received – the first to turn in their league
dues gets to make the first nomination and so on. Each individual player auction
will not exceed five minutes in length. The commissioners will provide participants
with a two minute warning and at five minutes (by the commissioners’ time keeping)
the player who has made the highest bid after the commissioners have counted
the time down will officially win the bid. At that point an auction will immediately
open for another player.

The team bidding first opens with a minimum salary bid of $1 for any eligible
player, and the bidding proceeds online at minimum increments of $1 until only
one bidder is left or the five minutes are up. That team acquires the player
for the bid amount. The process is repeated, with successive team owners introducing
players to be bid on, until every team has a squad of 25 players.

• No team may make a bid for a player it cannot afford. For example, a team
with $3 left and two openings on its roster is limited to a maximum bid of
$2 for one player.

• Players who commence the season on a major league team’s disabled list are
eligible to be drafted. If selected, they may be reserved and replaced upon
completion of the auction draft.

• Players who have rookie status are eligible to be drafted, but if they do
not start the season with their major league clubs the player will be ruled
ineligible (as a minor leaguer) and will be dropped from the winning owner’s
team and entered in the subsequent minor league draft.

Beginning on MLB Opening Day, a Minor League Player Draft shall follow, whereby
each Rotisserie League team may acquire players (a) who are not on any team’s
major league or reserve roster; and (b) who still have official rookie status,
as defined by major league baseball

NOTE: The major league rule reads: "A player shall be considered a rookie unless,
during a previous season or seasons, he has (a) exceeded 130 at-bats or 50
innings pitched in the major leagues; or (b) accumulated more than 45 days
on the active roster of a major league club or clubs during the period of a
25-player limit (excluding time in the military service)."

• Selection takes place in 15 rounds of a simple snake draft, not an auction.
Order will be determined by random number generation rankings on http://www.irony.com/webdice.html(dice settings to be determined by the League Commissioners)

• In subsequent years, the selection order in each of the 15 rounds is determined
by the order in which the teams finished in the previous season - in order
to discourage tanking the picks will be in this order:

o 7th place - 1st pick

o 8th place - 2nd pick

o 9th place - 3rd pick

o 10th place - 4th pick

o 11th place - 5th pick

o 12th place - 6th pick

o 6th place - 7th pick

o 5th place - 8th pick

o 4th place - 9th pick

o 3rd place - 10th pick

o 2nd place - 11th pick

o 1st place - 12th pick

• Teams shall have 6 hours to make their selection. If a team’s time elapses,
the team will be skipped and the next team will be on the clock. The team skipped
can make it’s selection any time thereafter.

• Teams shall make their selection either by posting on the League’s web site
or by emailing the League Commissioners.

• The price and subsequent salary upon activation of each farm system player
drafted is $1.

• See Article XII for rules governing farm systems.

ARTICLE V. POSITION ELIGIBILITY

A Player may be assigned to any position at which he appeared in 20 or more
games in the preceeding season. If a player did not appear in 20 games at a
single position, he may be drafted only at the position at which he appeared
most frequently. The 20 games/most games measure is used only to determine
the position(s) at which a player may be drafted. Once the season is under
way (but after Auction Draft Day), a player becomes eligible for assignment
to any position at which he has appeared at least once. Players selected as
DHs may qualify at any position (i.e., they need not have appeared in 20 games
as DH the preceeding season).

ARTICLE VI. PLAYER SALARIES

The salary of a player is determined by the time and means of his acquisition
and does not change unless the player becomes a free agent or is signed to
a guaranteed long-term contract. (See Article XVII.)

• The salary of a player acquired in the major league draft is his auction
price.

• The salary of a player called up from the free agent pool during the season
is the amount of the winning bid.

• The salary of a player activated from a team’s farm system during the season
is $1.

NOTE: The $260 salary limit pertains to Auction Draft Day only. After Auction
Draft Day, free agent signings and trades may drive a team’s payroll past $260.
However teams may not begin the 2006 season with a salary total exceeding
$260.

ARTICLE VII. PRIZE MONEY

All fees shall be promptly collected by the League Commissioner, who is empowered
to subject owners to public humiliation and assess fines as needed to ensure
that payments are made to the League in a timely fashion. The interest income
from this investment can be used to defray the cost of a gala postseason awards
ceremony and banquet. The principal shall be divided among the first five teams
in the final standings as follows:

• 1st place – 50%

• 2nd place -- 35%

• 3rd place – 15%

ARTICLE VIII. STANDINGS

The following criteria are used to determine team performance:

• Composite batting average (BA)

• Total home runs (HR)

• Total runs batted in (RBI)

• Total stolen bases (SB)

• Total runs (R)

• Composite earned run average (ERA)

• Total wins (W)

• Total saves (S)

• Composite ratio: walks (BB) + hits (H) / innings pitched (IP)

• Total Strikeouts (K)

Teams are ranked from first to last in each of the eight categories and given
points for each place. For example, in a 12-team league, the first-place team
in a category receives 12 points, the second-place team 11, and so on down
to 1 point for last place. The team with the most total points wins the pennant.

IP REQUIREMENT. A team must pitch at least 1250 innings to receive points in
ERA and ratio. A team that does not pitch 1250 innings maintains its place
in ERA and ratio ranking but receives one point in both of these categories
with all teams below shifting up one point. (Thus, a team that finished third
in ERA but did not have 1250 IP would receive no points in that category. The
fourth-place team in ERA would now receive 10 points.)

AB REQUIREMENT. A team must have at least 4000 at bats in the season. A team
that does not have 4000 at bats maintains its place in the batting average
ranking but receives one point in that category with all teams below shifting
up one point.

Pitchers’ offensive stats are not counted. Nor are the pitching stats of the
occasional position player called in to pitch when the score is 16-1 after
five innings and the relief corps is hiding under the stands.

• In cases of ties in an individual category, the tied teams are assigned points
by totaling points for the rankings at issue and dividing the total by the
number of teams tied.

• In cases of ties in total points, final places in the standings are determined
by comparing placement of teams in individual categories. Respective performances
are calculated and a point given to each team for bettering the other. Should
one team total more points than the other, that team is declared the winner.

• Should the point totals still be equal, the tie is broken by adding each
team’s total at-bats at season’s end, plus triple the number of its innings
pitched. The team that scores a higher total by this measure wins the pennant.

ARTICLE IX. STATS

Transactions recorded on Auction Draft Day, including trades and call-ups to
replace disabled players, are effective on Opening Day.

• Performance stats of a player shall be assigned to a Rotisserie League team
only when he is on the active 18-man roster of that team. It is common for
a player to appear on the roster of more than one Rotisserie League team during
the season because of trades and waiver-list moves. Even a player who is not
traded may spend time on a team’s reserve list, during which period any numbers
he might compile for his major league team do not count for his Rotisserie
League team.

ARTICLE X. TRADES

From the completion of the auction draft until midnight August 31, Rotisserie
League teams are free to make trades of any kind without limit. No trades
are permitted from September 1 through the end of the season. Trades are eligible
to be made from the day after the season ends until rosters are frozen on March
1, 2006.

Trades do not affect the salaries or contract status of players.

ARTICLE XI. THE DISABLED LIST

A team can have up to 3 players on its disabled list. Teams shall promptly
notify the League Commissioners of disabled players. A player’s eligibility
is determined by official MLB disability designation.

• Once a specific action has been taken to remove a player from its 25-man
roster (via release or placing him on the DL), a team is then free to place
a bid on any eligible player from the free agent pool of players not already
owned by another Rotisserie League team. (As outlined in Article XIII)

• If the same player is claimed by more than one team in a given week, he goes
to the team with the highest bid.

• Every reserve move must be accompanied by a concomitant replacement move
(i.e., a team may not reserve a player without replacing him).

ARTICLE XII. FARM SYSTEM

• Three options are provided for each player in a team’s farm system. Calling
a player up to the majors uses one option, sending the player back to the minors,
if the owner so desires, uses a second, leaving a final option for one more
call up. Once these three options are exhausted a player may no longer be
returned to the team’s farm system, and must either be instated on a team’s
major league 25 man roster. To remove the player from a team’s roster the
owner must either place the player on their disabled list (only in the instance
that the player is actually injured) or release them.

• A farm system player not brought up to a team’s 25-man roster during the
season of his initial selection may be kept within the farm system in subsequent
years, so long as he retains official rookie status and the commissioner is
duly notified on March 1 each year, when rosters are frozen.

• A farm system player may be traded during authorized trading periods, subject
to prevailing rules governing transactions, as may a team’s selection rights
in the minor league draft.

ARTICLE XIII. SIGNING FREE AGENTS

Active major league players not on any Rotisserie League team’s 25-man roster
and minor league draft become free agents. During the course of the season
the pool of free agents may also include minor league players not in any Rotisserie
League’s farm system who are promoted to an active major league roster; waived
players who are not claimed; and players traded from the "other" major league.
Such players may be signed in the following manner.

Free agents may be called up to replace players placed on a Rotisserie League
team’s reserve list as outlined in Article XI.

Free agents may be signed, without limit in number, but within limitations
of a Rotisserie League team’s Free Agent Acquisition Budget (FAAB):

• Each team shall have, for the purpose of acquiring free agents during the
course of the season, a supplementary budget of $100.

• A team may submit a sealed bid for one or more free agents.

• The deadline for bids is Sunday, 9pm Pacific Standard Time.

• The minimum bid shall be $1; the maximum shall be the amount remaining in
a team’s FAAB + any unused cap space.

• A free agent so selected goes to the highest bidder. If more than one team
bids the same amount on a player, and if that amount is the highest bid, the
player goes to the team that is lowest in the most recently compiled standings.

• The salary of a free agent signed in this manner is his acquisition price.
His contract status is that of a first-year player.

XIV. WAIVERS

• The waiver period begins at 9pm Pacific Standard Time on the Sunday after
the League Secretary has been notified that a player has been waived and lasts
one week, at the end of which time the player shall become the property of
the lowest-ranked team to have claimed him. To make room on its roster, the
team acquiring a player on waivers must assign the player to a natural opening
or waive a player at the same position played by the newly acquired player.

• Waivers claims take precedence over the replacement of an injured, released,
or demoted player who has been put on reserve. That is, a player on waivers
may be signed by a team with a roster opening at his position only if no other
team lower in the standings claims the player on waivers.

• A player who clears waivers -- that is, is not claimed by any team -- returns
to the free agent pool.

• A player with a guaranteed long-term contract may be waived during the season.
However, the team assumes responsibility for the remaining years of his guaranteed
long-term contract (i.e., contract counts against the cap for subsequent years
for the length of the contract).

XV. THE OPTION YEAR AND GUARANTEED LONG-TERM CONTRACTS

A player who has been under contract at the same salary during the 2005 season
and whose service has been uninterrupted (that is, he has not been waived or
released, although he may have been traded) must, prior to the freezing of
rosters in his second season, be released; signed at the same salary for his
option year; or signed to a guaranteed long-term contract.

If released, the player returns to the free agent pool and becomes available
to the highest bidder at the next season’s auction. If signed at the same salary
for an option year, the player must be released back into the free agent pool
at the end of that season. If signed to a guaranteed long-term contract, the
player’s salary in each year covered by the new contract (which commences with
the option year) shall be the sum of his current salary plus $3 for each additional
year beyond the option year

NOTE: This rule is to prevent blue-chippers, low-priced rookies who blossom
into superstars, and undervalued players from being tied up for the duration
of their careers by the teams who origianlly drafted them. It guarantees periodic
transfusions of top-flight talent for Auction Draft Day and provides rebuilding
teams something to rebuild with. And it makes for some interesting decisions
at roster-freeze time two years down the pike.

Here’s how it works. Let’s say you drafted Michael Young of the Texas Rangers
for $1 in 2003. It’s now the spring of 2004 and Young, whose bat has caught
up with his glove, has become a good hitter with SS eligibility. You could
let Young play one more season for you and get a tremendous return on your
dollar, but that would be almost as big a mistake as the Rangers signing Arod
to a 215 million dollar contract. Taking a longer view, you daydream about
Young’s power, eligibility and surrounding lineup, assess your needs, project
what’s likely to be available in the upcoming draft, -- and sign him to a three-year
guaranteed contract. Young’s salary zooms to $7 per year ($1 + $3 + $3), but
he’s yours through the 2006 season. If he continues to mature as a ballplayer,
you’ve got a bargain.

• In determining a player’s status, "season" is understood to be a full season
or any fraction thereof. Thus, a player called up from the free agent pool
in the middle of the 2002 season enters his option year in 2003 and must be
released, signed at the same salary for an option year, or signed to a long-term
contract.

• A team may sign a player to only one long-term contract, at the end of which
he becomes a free agent.

• Option-year and long-term contracts are entirely transferable, both in rights
and obligations; the trade of a player in no way affects his contract status.

• In all other cases -- specifically including sudden loss of effectiveness
-- a team must honor the terms of a long-term contract, as follows: A player
with such a contract may be released back into the free agent pool (that is,
not protected on a team’s roster prior to Auction Draft Day), but a team that
chooses to do so must pay (cash/credit/check) into the prize pool, a sum equal
to twice the remaining value of the player’s contract or $10, whichever is
greater. Until that payment is received by the League Commissioner the player
cannot be released.

NOTE: This is an escape hatch for the owner who buys a dog, but can’t stand
fleas. It’s costly, but it’s fair.

XVI. 40-MAN ROSTER PROTECTION

• On midnight February 28, teams must submit a list of their 40-man rosters.
The 40-man roster can include all players on a team’s 25-man roster, disabled
list (with DL your roster could consist of 28 players, but the $260 cap remains
the same), and minor league roster. Players not protected on their team’s
25-man roster are deemed released from their team and subject to the upcoming
season’s Auction Draft Day. Remember that if a player in your farm system
no longer has rookie status or is on a MLB team's official 40 man roster, they
MUST now be also placed on their team's 40-man roster or be released.

• Teams must also submit the names of their farm system players who they wish
to retain in their minor league roster.

• Players on a team's minor league who are not included on their Major
League Baseball's official 40-man roster are exempt from inclusure on a team's
40-man roster and may remain on a team's minor league roster.

• Specific notice must also be made at that time of any guaranteed long-term
contract signings and farm system renewals.

• The cumulative salaries of players protected prior to Auction Draft Day are
deducted from a team’s $260 expenditure limit, and the balance is available
for acquisition of the remaining players needed to complete the team’s 25-man
roster.

• The commissioner should promptly notify all teams in the League of each team’s
protected roster, including player salaries, contract status, and amount available
to spend on Auctio

n Draft Day.

• Failure to give notice of a guaranteed long-term contract for a player in
his option year will result in his being continued for one season at his prior
year’s salary and then released into the free agent pool. Failure to renew
a farm system player’s minor league contract will result in his becoming available
to all other teams in the subsequent minor league draft.

• A farm system player who previously had not been added to a Major League
team’s official 25-man major league roster, and who subsequently makes his
Major League Baseball team’s Opening Day roster may, at his Rotisserie League
owner’s option, be added to the protected list of players on Auction Draft
Day (and another player dropped, if necessary, to meet the 25-man roster),
or he may be dropped and made available in the auction draft. He may not be
retained in his Rotisserie League team’s farm system.

XVII. GOVERNANCE

The Rotisserie League is governed by the Commissioner Kevin Chan and Co-Commissioner
Neil Geurin. The Commissioners may designate as many league officials as from
time to time it deems appropriate. The Commissioners have the authority to
interpret playing rules and to handle all necessary and routine League business.
Teams may appeal to the Commissioners for adjudication of disputes and interpretation
of rules. The Rotisserie League has three official meetings (dates to be decided
collectively) each year: Auction Draft Day (the first weekend before Opening
Day), the Midsummer Trade Meeting (at the All-Star break), and the Gala Postseason
Banquet and Awards Ceremony.